https://arstechnica.com/tech-policy/2024/04/in-the-face-of-bans-bytedance-tightens-grip-over-us-tiktok-operations/

TikTok’s Beijing-based owner ByteDance tightened its grip over its US operations over the past two years, according to company insiders, even as momentum to ban the short-video app grew in Washington.

The US government passed legislation this week aimed at forcing TikTok to divest from its parent or face a countrywide ban, but prising the viral video app from its $268 billion parent company would present a formidable challenge.